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USDJPY At Support Level For Long Trade.

USDJPY At Support Level For Long Trade.

by | Jan 5, 2021 | Forex Trade Ideas, USDJPY

USDJPY is forming the Falling Wedge Pattern. It is trading at support line of falling wedge (as shown in chart). According to chart pattern analysis, we might see upside in USDJPY . One can initiate the long trade at support level with risk management and stop loss....
USD/JPY Technical Analysis.

USD/JPY Technical Analysis.

by | Dec 8, 2020 | Forex Trade Ideas, USDJPY

Currently, USD/JPY is trading at 104.10. The pair is trading in a sideways trend and can break the support level to start a new down trend. If the price breaks the support level at 103.66, then it can start a new down trend and its first target will be at 103.20 and...
ANALYSIS ON USDJPY

ANALYSIS ON USDJPY

by | Dec 1, 2020 | Forex Trade Ideas, USDJPY

Hello, my fellow traders hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into it. As we can see, the price is inside a Descending channel and is also close to breakout from...
USD/JPY Technical Analysis.

USD/JPY Technical Analysis.

by | Nov 30, 2020 | Forex Trade Ideas, USDJPY

Currently, USD/JPY is trading at 103.91. The pair is trading in downward resistance and support wedges and can continue the same trend if it breaks the support level at 103.79. If the price breaks the support level , then it can continue the downward trend and hit the...
ANALYSIS ON USDJPY

ANALYSIS ON USDJPY

by | Oct 28, 2020 | Forex Trade Ideas, USDJPY

Hello, my fellow traders hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into it. As we can see, the price bounced back after touching its support. If it breaks from the trendline,...